South Florida Opportunity Zones Regulations Update

Alan Hooper founded and operates Hooper Construction, Hooper Realty, and Hooper Management. He also co- founded Urban Street Development, and is a co-founder in The Restaurant People, Inc. Over 25 years his companies have designed, developed, constructed, managed, leased and sold over 1,500,000 square feet of neighborhood revitalization projects. Working with his partners and team, at a time when urban areas nationwide have seen incredible change, a niche “re-development” business has taken shape that focuses on areas within a downtown market that possess a high potential for growth and renewed lifestyle. Alan and his partners continue to be a driving force in the redevelopment of Downtown Fort Lauderdale neighborhoods developing boutique housing, office retail and trend- setting food and beverage businesses. Most recently, the College Town project in Tallahassee has been the catalyst for a complete makeover of the area along Gaines Street just east of Doak Campbell Stadium. Working with the Seminole Boosters, he and his partners have forever changed the FSU game day experience for students, alumni, faculty and visitors alike by inserting 645 beds of student housing, and over 50,000 sq ft of retail, restaurants & bars facing at the foot of the stadium. A boutique hotel and loft project are next on the books in College Town. Wife: Kristen Children: Brooke, Colton Education: BS – Florida State University Community Involvement:  Downtown Development Authority  Downtown Transportation Management Association – Chairman  Broward Center for the Performing Arts – Board of Directors  Jack & Jill Board of Directors  Broward Workshop  Broward Urban Core Committee  Flagler Village Improvement Association – Founding Member  Himmarshee Village Merchants Association- Founding Member  Seminole Booster Golden Chief  Florida State University Real Estate Foundation  Florida State University Alumni Assoc.  Florida State University Real Estate Society  St John the Baptist Catholic Church, Fort Lauderdale Community Awards  2014 Excalibur Award for Small Business Leader of the Year – Broward County  Fort Lauderdale Chamber of Commerce “Downtowner of the Year 2008”  City of Fort Lauderdale “Citizen of the Year” 2006  Florida Redevelopment Association; Roy Kenzie Award for Outstanding New CRA Project 2004

Art Lieberman has spent more than 30 years assisting large public and private real estate companies, high-net-worth individuals, closely held businesses and not-for-profit organizations on deal structuring, tax planning, tax research, tax controversies and compliance issues. Lieberman specializes in complex transaction structuring, real estate and partnership taxation, REIT taxation, international taxation, CMBS/MBS, corporate taxation, low-income housing tax credits and ASC 740 tax accounting.

Katherine is a founding member of KPMG’s Tax Credit and Energy Advisory Services practice where she advises clients on federal income tax credits and other incentives. Katherine coauthored Opportunity Knocks under Tax Reform, February 19, 2018, about the new Qualified Opportunity Zone program, Katherine was a featured speaker on Qualified Opportunity Zones (QOZs) at a recent QOZ Forum sponsored by the Illinois governor’s office on October 11, 2018, Katherine was a featured panelist on QOZs at a recent QOZ conference sponsored by Colectivo 360 on January 30, 2019, Katherine was a featured panelist on QOZs at the 2019 Solar Summit, sponsored by Greentechmedia, May 14, 2019.

Joshua A. Kaplan is a Partner in the firm's Corporate and Tax Groups. As a licensed CPA with a Master's degree (LL.M.) in Tax Law, Josh offers a wide range of skills for structuring, negotiating, documenting, and closing sophisticated transactions. His corporate practice focus is on representing real estate investors and developers in joint ventures and partnerships involving acquisitions and dispositions of real property, debt and equity financings, and management and leasing transactions. Since the promulgation of Opportunity Zone rules Josh, along with members of a cross-departmental team of experts from Bilzin Sumberg's tax, fund formation, joint venture, securities laws/capital markets, real estate and project development and finance groups, advises clients through all stages of an Opportunity Zone investment, from fund formation, to operations, to divestiture. Josh's clients include real estate private equity funds, high net worth individuals, and real estate developers and operators. Josh also handles tax planning related to international and domestic transactions, including restructurings, joint ventures, and mergers & acquisitions. In addition, he has advised private investment funds on tax aspects of planning and structuring investments in securities, real estate, and joint ventures. Josh has been recognized by Florida Super Lawyers as a "Rising Star" since 2015. He received his LL.M. from New York University, his J.D. from American University's Washington College of Law, and his M.A. and B.S. from the University of Florida. Recent Speeches & Publications  Interviewee: "Uptick in Business and Real Estate Investment on the Way Following IRS Guidance on Opportunity Zones", GlobeSt.com, May 2, 2019  Panelist: "South Florida Real Estate Update Panel", January 18, 2018  Speaker: "Expanding Business into the U.S.", Pipeline Brickell, May 17, 2016  Panelist: "Current Issues for Private Investment Funds and Their Managers", American Bar Association's Section of Taxation and Section of Real Property, Trust and Estate Law, September 18, 2015  Speaker: "Ullman Year in Review", The Florida Bar Tax Section, July 04, 2015

Jorge Gómez-Möller joined Driftwood Acquisition & Development (DAD) as General Counsel in 2018. Prior to joining DAD, Jorge was an associate with Greenberg Traurig, the largest law firm in the U.S., since 2013. While at Greenberg Traurig, his practice focused on complex cross-border acquisitions, private equity fund formations, and international joint ventures for major U.S. real estate developers. His significant representations include, representing the developer The Related Group in joint ventures in Brazil, Mexico, and Argentina, representing Rentokil Initial plc (LSE:RTO) in its $425MM acquisition of The Steritech Group, various M&A representations of Liberty Global (NASDAQ:LBTYA) in Latin America, and representing fund sponsors in Mexico and Central America in the formation of fund structures with several hundreds of millions of dollars in initial subscriptions. Jorge is a graduate of Boston University School of Law (J.D.) and Georgetown University (B.A., Government and English, cum laude).

Nick Rojo is the Co-Founder and President of Affiliated Development. Mr. Rojo has more than 13 years of experience in the acquisition, finance, management, rehabilitation and development of residential and commercial real estate. Nick is a South Florida native and got his start in the real estate industry in 2006 as an investment banker at Wachovia Securities. At Wachovia, Nick focused primarily on providing capital raising and advisory services to public and private homebuilders and developers. Nick gained experience working on a variety of transactions from traditional investment banking – high grade and high yield debt, credit facilities, common and preferred equity, private placements and M&A – to real estate asset-specific transactions, such as project finance and facilitation of bulk land sales. Mr. Rojo was afforded the unique benefit of structuring financings at the peak of the market cycle and then working with clients to restructure during the recession. He left Wachovia to return to South Florida in 2009 to opportunistically acquire property at the height of the recession. After acquiring and rehabilitating property with friends and family capital, in 2011 Mr. Rojo teamed up with a family office and spearheaded their efforts to acquire residential and commercial property throughout the state of Florida. During this time, Mr. Rojo met Jeff Burns and began evaluating and later investing in projects together. Nick and Jeff saw the opportunity to leverage their finance backgrounds in order to develop mixed-use residential projects in the South Florida market. In 2014, Mr. Rojo formally teamed up with Mr. Burns to expand Affiliated Development’s presence in Florida. As a result of the partnership, Affiliated Development has gone on to undertake numerous mixed-use multifamily projects in various Florida markets and has earned a reputation as one of South Florida’s most dynamic and impactful development firms. Every project has been a public- private partnership and has incorporated a substantial public finance component, such as Tax Increment Financing (TIF), Community Redevelopment Agency (CRA) financing, Tax Exempt Bonds, Low Income Housing Tax Credits (LIHTC), Department of Housing & Urban Development financing (HUD) and local government general revenue bonds. Mr. Rojo graduated cum laude with a B.S.B.A. in Finance and New and Small Business Management from Georgetown University in Washington, DC, where he was also a four-year letterman and Academic All-American on the Georgetown Hoya football team. Mr. Rojo is a resident of West Palm Beach, FL, and sits on the Broward County Sheriff’s advisory council. He is also a board member of Student Aces, an organization that provides leadership training, coaching, mentoring and scholarships to local high school student athletes.

Jaime Sturgis is the Founder and CEO of Native Realty Co., a Fort Lauderdale-based team of talented and aggressive real estate professionals who are disrupting the industry. A pioneering broker with nearly a decade of leasing and investment sales experience, Sturgis has become a household name in the real estate industry through his role curating emerging urban neighborhoods. His place making efforts began in Miami’s Wynwood and continued in Fort Lauderdale’s Flagler Village, where he has completed more than 1 million square feet in transactions over the last few years and set property sale pricing records. Sturgis is now expanding into new cutting-edge neighborhoods throughout South Florida. Sturgis has authored published pieces for National Real Estate Investor and the Daily Business Review and has been featured in The Real Deal, Sun Sentinel, GlobeSt and many other publications. A Florida State University alumnus, Sturgis graduated cum laude with a triple major in Real Estate, Professional Sales and Entrepreneurship.

Drew Melville is a Florida-licensed attorney with twelve years' experience in real estate transactions, title insurance and land use. His practice includes all aspects of commercial real estate acquisitions and dispositions, commercial leasing and land use entitlements. Mr. Melville is also a title agent for Old Republic and First American title insurance companies. A triple Gator, he earned a Bachelor of Arts in Political Science and Anthropology and went on to earn a Juris Doctorate from UF's Levin College of Law with a concurrent Master of Arts in Urban and Regional Planning from UF's College of Design, Construction and Planning. Mr. Melville's practice is national in scope, and he brings a creative and solution-oriented approach to all transactional real estate and land use matters. Many of the projects Melville Law is proud to work on include investment-grade adaptive reuse, historic preservation, sustainable building, urban infill and brownfields and grayfields redevelopment. Prior to returning to private practice, he was an in house counsel for The Viera Company, the land development arm of A. Duda and Sons, Inc., a large, diversified land company and agribusiness firm. His experience there included working on several types of commercial and residential transactions, development of regional impact and large-scale entitlement matters, and commercial leasing matters. To date, Mr. Melville has closed the acquisition, disposition and financing of over $400 million in commercial real estate transactions of every asset type. Mr. Melville has served on the city of Fort Lauderdale Historic Preservation Board and is involved with the International Council of Shopping Centers and the Urban Land Institute, and serves on ULI’s Florida Urban Development and Mixed Use Product Council.